Maruta Wachta has advised Orange Poland on its acquisition of a 100% stake in BlueSoft from Tokajami and Wellchosen Investments. The purchase price is PLN 200 million (PLN 149 million will be paid upon closing, with the remaining part conditional upon BlueSoft achieving certain financial targets in 2019 and 2020). Tokajami and Wellchosen Investments received legal advice from Whitestone Legal.
The acquisition is conditional upon the approval of Poland's anti-trust authority. Tokajami and Wellchosen Investments were advised by Whitestone Legal and Team Vest Capital.
BlueSoft provides IT services, including application development and integration, system customization, analytics and cloud services, to blue-chip customers form banking & insurance, utilities, pharma, telecoms and logistics.
Maruta Wachta’s team was led by Partner Daniel Jastrun and included Senior Associates Aleksandra Polak, Piotr Semeniuk, and Joanna Wozniak, and Associates Daniel Wojtowicz and Leszek Kozlowski.
Whitestone Legal's team included Managing Partner Tymon Kulczycki and Counsel Michal Wilczynski.